Canfor Pulp reports results for the second quarter of 2025.

VANCOUVER, BC, July 31, 2025 /CNW/ - Canfor Pulp Products Inc. ("the Company" or "CPPI") (TSX:CFX) today reported its second quarter of 2025 results:

Overview.

For the second quarter of 2025, the Company reported an operating loss of $5 million and a net loss of $7 million, equivalent to $0.10 per share.

Global pulp market fundamentals weakened throughout the second quarter amid trade uncertainties, particularly in China; global pulp producer inventories climbed to well above the balanced range.

Rising global economic uncertainty put downward pressure on North American kraft paper markets.

The Canadian dollar strengthened by 3 cents, or 4%, versus the US-dollar quarter-over-quarter, negatively impacting pulp and paper sales unit realizations.

Pulp and paper production was relatively comparable quarter-over-quarter.

Financial results.

The following table summarizes selected financial information for CPPI for the comparative periods:

(millions of Canadian dollars, except per share amounts)

 Q2 2025

Q1 2025

YTD 2025

Q2 2024

YTD 2024

Sales

$

177.9

$

196.2

$

374.1

$

220.0

$

442.3

Reported operating income before amortization

$

3.5

$

21.3

$

24.8

$

11.0

$

12.2

Reported operating income (loss)

$

(5.3)

$

10.8

$

5.5

$

(5.6)

$

(21.3)

Adjusted operating income before amortization1

$

6.4

$

21.3

$

27.7

$

11.0

$

12.2

Adjusted operating income (loss)1

$

(2.4)

$

10.8

$

8.4

$

(5.6)

$